KTown Cowboy
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When Pay Raise? 2025 Version
- Thread starter cmdj1982
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Pension portal is updated when you have recieved the earnings.Yep, rates are up and I was off by $1, CFHD levels updated in CBI so I don't lose there, mid nov confirmed in the canforgen. Pension portal not up to date yetWhen I retire in a few weeks I will be getting more gross pay to start than I currently make prior to the increase and maybe even more net pay without the CFHD in there.
Eagle_Eye_View
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Excellent, this is good news for my 3B release pension.
CountDC
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shall we put a damper on things? hmmmm, yes we shall.
in talks yesterday it came up that the retention amount (Military Service Pay) may have a new wrinkle for some people. Rumour is it will be based on your last enrolment date. As an example I know a Reg F WO that component transferred 6 years ago. Their base date will be the 6 year enrolment to Reg F date and all their P Res time will not count which comes to a $4k difference. Mbrs that released and then reenrolled would find it is based on their reenrollment date of a year ago and not have credit for the prior 15 years they had so get nothing.
This one is my watch item now as along with this rumour it was also rumoured that it would first be paid in Dec and some how prorated. Be interesting to see what the actual end result is.
Oh, take it all with a grain of salt, the rumours are coming to us from a contact in Ottawa.
in talks yesterday it came up that the retention amount (Military Service Pay) may have a new wrinkle for some people. Rumour is it will be based on your last enrolment date. As an example I know a Reg F WO that component transferred 6 years ago. Their base date will be the 6 year enrolment to Reg F date and all their P Res time will not count which comes to a $4k difference. Mbrs that released and then reenrolled would find it is based on their reenrollment date of a year ago and not have credit for the prior 15 years they had so get nothing.
This one is my watch item now as along with this rumour it was also rumoured that it would first be paid in Dec and some how prorated. Be interesting to see what the actual end result is.
Oh, take it all with a grain of salt, the rumours are coming to us from a contact in Ottawa.
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